SOLAKROSSVEGEN 10 AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

32,31 %

Current Ratio

6,28

Debt-to-Equity Ratio

5,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	676 000	671 000	594 000	382 000
Net Income	295 000	208 000	290 000	4 000
Total Assets	6 062 000	5 726 000	6 466 000	3 655 000
Total Equity	913 000	618 000	410 000	121 000

Income (NOK)	2022	2021	2020	2019
Revenue	676 000	671 000	594 000	382 000
Expenditure	298 000	266 000	126 000	322 000
Operating Profit	378 000	404 000	468 000	60 000
Financial Income	0	0	1 000	3 000
Financial Costs	1 000	138 000	130 000	59 000
Financial Balance	−1 000	−138 000	−129 000	−56 000
Earnings Before Tax	378 000	267 000	338 000	4 000
Tax	83 000	59 000	48 000	0
Net Income	295 000	208 000	290 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 554 000	5 321 000	5 307 000	3 600 000
Total Current Assets	509 000	405 000	1 159 000	55 000
Total Assets	6 062 000	5 726 000	6 466 000	3 655 000
Total Retained Equity	1 126 000	832 000	624 000	334 000
Total Equity	913 000	618 000	410 000	121 000
Total Long-Term Debt	5 069 000	5 038 000	5 883 000	3 534 000
Total Current Debt	81 000	70 000	173 000	0
Total Equity and Debt	6 062 000	5 726 000	6 466 000	3 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	676 000	671 000	594 000	382 000
Revenue	676 000	671 000	594 000	382 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	192 000	176 000	68 000	0
Impairment	0	0	0	0
Expenditure	298 000	266 000	126 000	322 000
Operating Profit	378 000	404 000	468 000	60 000
Financial Income	0	0	1 000	3 000
Financial Costs	1 000	138 000	130 000	59 000
Financial Balance	−1 000	−138 000	−129 000	−56 000
Dividends	0	0	0	0
Net Income	295 000	208 000	290 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 125 000	4 835 000	4 765 000	3 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	429 000	486 000	542 000	0
Total Tangible Assets	5 554 000	5 321 000	5 307 000	3 600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 554 000	5 321 000	5 307 000	3 600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	509 000	395 000	1 084 000	55 000
Total Current Assets	509 000	405 000	1 159 000	55 000
Total Assets	6 062 000	5 726 000	6 466 000	3 655 000
Total Equity	913 000	618 000	410 000	121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 069 000	5 038 000	5 883 000	3 534 000
Creditors	1 000	1 000	170 000	0
Unpaid Taxes	28 000	27 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	81 000	70 000	173 000	0
Total Equity and Debt	6 062 000	5 726 000	6 466 000	3 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,31 %	33,66 %	70,73 %	3,31 %
Debt-to-Equity Ratio	5,55	8,15	14,35	29,21
Operating Profit Margin	55,92 %	60,21 %	78,79 %	15,71 %
Current Ratio	6,28	5,79	6,7	-
Quick Ratio	6,28	5,79	6,7	-
Equity Ratio	0,15	0,11	0,06	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %